Crude oil has plunged sharply for another market shakeout driven by news‑driven factors, falling back below
$80. This presents an excellent buying opportunity right now.
I expect crude oil to trade steadily within the $80‑90 range this year, though repeated heavy market shakeouts will take place. The price near $75 offers the best buying chance. It should rebound at least back to $82‑85. Take partial profit‑taking when price hits $88‑90. I will keep delivering accurate trading signals.
Trading carries substantial risks. Please trade under professional guidance to avoid account losses.
$80. This presents an excellent buying opportunity right now.
I expect crude oil to trade steadily within the $80‑90 range this year, though repeated heavy market shakeouts will take place. The price near $75 offers the best buying chance. It should rebound at least back to $82‑85. Take partial profit‑taking when price hits $88‑90. I will keep delivering accurate trading signals.
Trading carries substantial risks. Please trade under professional guidance to avoid account losses.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.